Skip to Content

AllianceBernstein Holding LP AB

Rating as of

Morningstar’s Analysis

Currency in USD
Is it the right time to buy or sell?
Find out with Morningstar Premium
Is it the right time to buy or sell?
Find out with Morningstar Premium

1-Star Price


5-Star Price


Economic Moat


Capital Allocation


Positive Flows and Market Gains Lift AB's AUM to $738 Billion in Q2; Raising FVE to $43 per Share

Greggory Warren, CFA Sector Strategist

Analyst Note

| Greggory Warren, CFA |

While there was little in no-moat AllianceBernstein's second-quarter results that would alter our long-term view of the firm, we have increased our fair value estimate to $43 per share from $40 to account for continued improvements in the company's assets under management and adjustments to our near- to medium-term forecasts for the firm since our last update.

Read Full Analysis

Company Profile

Business Description

AllianceBernstein provides investment management services to institutional (45% of assets under management), retail (40%), and private (15%) clients through products that includes mutual funds, hedge funds, and separately managed accounts. At the end of June 2021, AB had $738.4 billion in managed assets, composed primarily of fixed-income (45% of AUM) and equity (43%) strategies, with other investments (made up of asset allocation services and certain other alternative investments) accounting for the remainder. The company also provides sell-side research and brokerage services through its Sanford Bernstein subsidiary.

1345 Avenue of The Americas
New York, NY, 10105
T +1 212 969-1000
Sector Financial Services
Industry Asset Management
Most Recent Earnings Jun 30, 2021
Fiscal Year End Dec 31, 2021
Stock Type Cyclical
Employees 3,929